Other companies and people are doing the same. The astronomical cost of living, taxes, failed government, to say nothing of the oppressive traffic. The debt of California, including their unfunded liabilities, is shocking. The state, led by Governor Moonbeam cannot resist buying any and all bright shiny objects . The state of Florida is in excellent financial condition along with our retirement funds. We rejected six billion dollars from the Federal government to go toward building a high-speed rail. California jumped at the thought of a high-speed rail in their state. The result is nothing has been done on the train and the estimated cost has already doubled. That is just part of the reason the state is on the decline.
I like the fact that each state has its own unique character. And if you don't like one state, you have the freedom to move to another. I'm a lifelong northern Californian, can't imagine ever moving away, definately not to southern Cal.
California doesn't try to compete with clone industries that copy our shit and sprout up elsewhere. We invent tomorrow's growth industries, some of which I've already mentioned. The future home, the future armies, the future gadgets, etc.
I'm not worried about Nestle moving. They got public money thrown at them by Virginia and Ohio. The taxpayers of Glendale didn't have to pay for Nestle to stay. No big loss. Congratulations to Virginia, you paid millions for 750 jobs. Good luck with that.